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EliteTradingSignals
Apr 18, 2023 11:52 AM

AUD/USD SHORT FROM RESISTANCE Short

Australian Dollar/U.S. DollarFXCM

Description


Hello,Friends!

AUD/USD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.667 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Comments
EliteTradingSignals
What are your thoughts on AUD/USD ?
JoeChampion
Good work, i agree on USD strength!
ProSignalsFx
Thx!
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